The auto industry mess is not just the fault of the industry - the government was complicit in how it structured the CAFE standards and tax breaks. There was a tax break for up to $100,000 purchase for 'business' vehicles and the CAFE standards defined what a truck was. All those SUVs, hummers and so on were built on truck frames so were considered trucks - the big 3 were making up to $30,000 on EACH vehicle sold and the tax breaks were about that much for the buyer. And at $1.50 a gallon, gas was so cheap that we bought those pigs.
The big three were no less nor no more incompetent than the financial institutions and everyone conspired in their crash also.
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